How To Determine If Water Heater Repairs Or Water Heater Replacement Is The Best Path?

Answer 1

Water heater repairs are a fact of life for many homeowners. Why? Sooner or later everything breaks down and needs to be fixed. This includes that nice expensive water heater. The real question that needs to be answered when faced with water heater repairs is should it be fixed or replaced?

While each person’s situation and needs will be different, one needs to keep in mind the difference between upfront costs now and the operating costs spread out over the next 5, 10 or even 20 years. While things may seem expensive right now each homeowner needs to determine if it is worth it to save money now than to save money over the long run. Often what is cheaper now will be more expensive to operate and vice versa.

The first step in determining whether to pony up for water heater repairs or replace the entire water heater is the cost of the water heater repairs. Most people will simply forget about their water heater until there is a problem. By taking care of it and performing regular checkups, the life of the water heater can be extended for some time. If this has not happened, then the likelihood of having an expensive repair bill is increased. If the bill is quite high, the best bet may be having the entire unit replaced.

If the cost of replacing a water heater is close to the cost of the water heater repairs, it might be a good idea to go ahead and replace the water heater with a newer model. If the old water heater is electric, it is a good idea to replace it with a newer high-efficiency gas water heater, even if it costs a little more. The money saved over time by the newer model will offset the initial outlay. Also, tankless water heaters should be considered. While they do have some drawbacks, their increased efficiency and lower operating costs coupled with their long lifetimes make them a serious contender.

Everyone will need to make the decision on whether to pay for water heater repairs or water heater replacement for themselves. Try to make this decision before it is 7:30 on a Friday night and there is standing water around the water heater. Prices and stress skyrocket in those situations.